Thread regarding Citrix Systems Inc. layoffs

What happened to the "big" announcement?

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Post ID: @OP+1eVX8CMR

7 replies (most recent on top)

Elliott & Vista have no control over the company or how and when news is announced. They don’t own anything yet (if ever). Don’t forget about the SEC and Citrix’s responsibility to its shareholders. If the SEC feels that shareholders are not being properly represented, then they can cause a lot of problems for all parties involved. Q3 results were announced on Nov 4, so regardless of the information that’s in the announcement — looks like we’re going to have to wait a while to understand exactly what’s going on.

That said… anyone actually think we made numbers?

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Post ID: @2ech+1eVX8CMR

So, if you are Elliot/Vista and looking to buy Citrix, why would you pay top dollar knowing the disastrous Q4 numbers have not hit the street yet? Why not let news of a failed purchase and then Q4 report tank the stock, and then pick up the pieces?

Makes a lot more sense to try to close a deal after the stock is gutted by the Q4 announcements. Elliot/Vista are not fools with money...

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Post ID: @2dxy+1eVX8CMR

The Q4 call has not been announced. There was a date floated for Jan 25, but until it goes up on the investors site — it’s not “official.” The feeling is that Q4 projections were missed and they’re hedging to see if something with the sale can be publicly announced ahead of the bad news in Q4 earnings.

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Post ID: @1drt+1eVX8CMR

@1jsi+1eVX8CMR Where did Citrix announce an earnings call? It’s not posted on their investors site https://investors.citrix.com/

It usually would have been conducted already or at the very least scheduled.

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Post ID: @1mds+1eVX8CMR

Maybe it was the announcement from DK’s team

4 thank you days! :)

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Post ID: @1zwh+1eVX8CMR

I am thinking it would be Monday at some point. The earning call is Tuesday morning.
They like held it as the market was red last week.

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Post ID: @1jsi+1eVX8CMR

It will probably happen at the Q4 earnings call.

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Post ID: @1yvk+1eVX8CMR

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